GOOD CLASS LICENSED RESTAURANT PREMISES SIX BEDROOM FLAT HAMPSHIRE WEST BERKS BORDER VILLAGE

Kingsclere, Hampshire
Leasehold Price:
£49,500
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
222793
Reference
DT.5098 / Rightbiz

Details

Rarely Available Catering Opportunity - Offers Invited - Good Class Licensed Restaurant - Italian Cuisine - 50-75 Covers - Six Bedroom Flat – Hampshire / West Berkshire Border Village - Newbury Area - On-Site Parking & Adjacent Public Car Park

Well sited in a wealthy village community a few miles from the prosperous West Berkshire Market Town of Newbury. 

The Spacious XVIIIth Century Cottage Style Grade II Listed Premises with Period Features (approx. 2,340sq.ft. business space) are held on a lease, the current term having about 3 years unexpired, at a passing rent of £35,000 per annum exclusive of rates (discussions are in hand with the Landlord with regard to a longer term).

The Premises are approached via a Walled Courtyard area with on-site parking for six / eight cars and direct pedestrian access gateway from adjoining large public car park.

Entrance Foyer / Bar Lounge.  Spacious Restaurant.  Fully Equipped Commercial Kitchen.  Two Walk-In Coldrooms.  Ladies & Gents Cloakroom.

At First Floor Level:-  Wine Cellar.  Office.

Very Spacious Self-Contained Flat above:-  Diner / Kitchen.  Five Bedrooms (three double / two single).  Bathroom.  Separate Shower Cloakroom.  All good sized rooms.  Gas fired central heating.

Outside:-  Walled Courtyard.  Two Spacious Garage / Stores.  On-site parking for up to eight cars and gated pedestrian access from adjoining public car park.

Main Services Installed.

The business has been established for some 30 years and in the present ownership for the past 12, now for sale due to vendor’s serious ill health forcing recent closure.

We are advised the last Account figures show annual Turnover of £340,000 ex VAT (i.e. £7,500-£8,000 weekly inc VAT).  Average spend:-  Evening a la carte £40.00-£50.00 per head.  Set 3 course lunch £16.95 per head.

Regrettably due to ill health the owner has bee unable to continue trading and has been forced to close the business in late May 2018.

Price required for lease, tenants’ fittings, fixtures, utensils & equipment:- £49,500 - Serious Offers Invited - Subject to Contract - Stock at Valuation (Liquors, etc.).  NB.  Freehold possibly available by separate negotiation if desired.

Listing Details
Leasehold Price: £49,500
Tenure: Leasehold
Sector: Restaurants
Listing Statistics
Impressionsi: Login to view
Enquiriesi: Login to view
Interestedi: Login to view
Watchingi: Login to view
Date Ad Submitted: Login to view
Last Viewedi: Login to view
Last Updatedi: Login to view
Last Enquiry Received: Login to view
Request More Details
Or, arrange a viewing
Request More Details
Or, arrange a viewing
Contact the seller for more details, or book a viewing
Request More Details
Or, arrange a viewing
Contact the seller for more details, or book a viewing
Tip:
Be specific on the type of details you wish to receive from the seller. This, encourages communication with both yourself and the seller and makes the process smoother.
FAQ:
After my message, what's next?
The seller will be notified instantly that you have sent a message. Please note that replies made back are entirely dependable on the seller.
How will I know the seller has replied?
Once the seller has read your message and replied to you. You will be notified immediatley via email. If the seller is using an agency/broker on their behalf, then an agent will be in touch with you either via your contact number or email.
Disclaimer
The data showed regarding this advert 'GOOD CLASS LICENSED RESTAURANT PREMISES SIX BEDROOM FLAT HAMPSHIRE WEST BERKS BORDER VILLAGE - DT.5098 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.